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Compare the calculations for gross margin for A76 Company, based on the results of the perpetual inventory calculations using FIFO, LIFO, and AVG. Solution Comparison
Compare the calculations for gross margin for A76 Company, based on the results of the perpetual inventory calculations using FIFO, LIFO, and AVG. Solution Comparison of FIFO, LIFO, AVG; Perpetual FIFO LIFO AVG Sales Revenue 132,480 132,480 132,480 Cost 96,826 = Gross Margin 35,654
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